Author: Marketforces Africa

The Nigerian local currency, Naira, depreciated against the United States dollar amidst social political unrest

Despite strong liquidity in the financial system worth more than a trillion naira, money market rates spike

VC4A, African Business Angel Network (ABAN) have announced the 7th edition of the Africa Early Stage Investor Summit

FDI Inflow Rebounds as Ghana Records US$785.62m in H1:2020 Ghana has recorded total investments of US$869.47 million, with total FDI value amounting to US$785.62 million between January to June 2020 as FDI inflow showed rare strength in the final moments of the second quarter of the year, undeterred by the Covid-19 pandemic. According to the country data, total FDI of US$785.62 million represents investment recorded by the Ghana Investment Promotion Center (GIPC) and the Petroleum Commission. Recently, the United Nations Conference on Trade and Development (UNCTAD) estimated that the Covid-19 pandemic will send global FDI plunging by about 40 percent.…

First Bank of Nigeria Limited (FirstBank) Chief Executive Officer, Kazeem Adeduntan has been scheduled to share insight

Shareholders of Conoil Plc have approved the payment of ₦1.39 billion dividend proposed by the board of the company.

The Canadian Government says it has contributed US$ 3 million to the United Nations COVID-19 Basket Fund for Nigeria’s response.

With the waves of disruptions, banks earnings have been projected to shift to non-interest assets driven amidst low interest rate environment.

The International Center for Strategic Alliances is scheduled to hold its second annual digital banking summit

IMF says Sub-Saharan Africa Economy will Recover 3.1% in 2021